Heimdal Nordic establishes a new credit fund with a sharp focus on property financing

Denmark Denmark — Heimdal Nordic announces the launch of Heimdal Credit Fund (HCF), a credit fund targeting lending to the Danish professional real estate market. Building on a highly positive track record of investments totaling more than DKK 3 billion in the professional real estate market, and leveraging Heimdal Nordic's extensive experience in property financing, Heimdal Nordic is now launching a fully FAIF-regulated SFDR, Article 8 credit investment fund.

M2 Asset Management sells residential property to Pensam

Denmark Denmark — Rutger Arnhult's M2 Asset Management sells a residential property containing 78 apartments and 15 parking spaces in Copenhagen to Pensam.

Pensam acquires historic property on Islands Brygge

Denmark Denmark — Pension company Pensam has acquired the property located at Njalsgade 17-23 on Islands Brygge from ALFA Development.

Manager Makes the Switch Between Danish Heavyweights

Denmark Denmark — Leaves after four years to become Chief Portfolio Strategist.

Pensam Looks to Acquire Gabriel Ejendomme

Denmark Denmark — In March 2016, management started the process of selling the subsidiary Gabriel Ejendomme A/S. Gabriel Holding A/S has today signed a Letter of Intent with the pension group Pensam with a view to selling the entire share capital of its fully-owned subsidiary Gabriel Ejendomme A/S.

Niam Sells to Pensam

Denmark Denmark — Niam sells a 42,000 sqm office property in Copenhagen to the Danish pension fund Pensam.

Pensam Constructs 427 Apartments Outside of Aalborg

Denmark Denmark — Pensam constructs townhouses and apartments in Hasseriis. The turn-key contract has been signed by Arne Andersen Vrå, and construction is expected to be completed in stages from the summer of 2019 until the end of 2020.

Patrizia Acquires Copenhagen’s Marble City

Denmark Denmark — Patrizia Immobilien AG announces the acquisition of the 259 apartments of the ‘Marble City’ residential area in Copenhagen from the pension fund PenSam and the public company City & Harbour. The acquisition, which comprises twelve separate properties, was made on behalf of three Patrizia funds.  

Heimstaden Acquires Two Copenhagen Projects

Denmark Denmark — Heimstaden acquires two housing projects in Copenhagen for approximately EUR 106M.

Pensam Purchases Two Properties in Frederiksberg

Denmark Denmark — Pensam has purchased two properties in Frederiksberg for DKK 180M. The properties are fully leased and are expected to generate a yield of 5-6 percent.

Patrizia Purchases in Copenhagen

Denmark Denmark — German Patrizia purchases 177 apartments on Teglholmen in Copenhagen.

Large Non-banking Deal Finances Carlsberg Byen

Denmark Denmark — Carlsberg Byen has entered into a non-banking credit agreement with the Danish pension fund PKA totalling €325M.